Henderson Shatin House 400 million won
Chevalier International (00025) announced that it had purchased a basket of bungalows at Hengle Court, Hengle Lane, Sha Tin, held by the Hang Seng Business School for a total of nearly 403 million yuan.
The transaction involved 20 villas in Hengle Court, with a total consideration of 4.0288 trillion yuan, of which 15 were leased and the lease expired this year until 2020. The total monthly rental income is 490,500 yuan. The transaction is expected to be completed on or before May 30th. .
Chevalier International stated that the bid has taken into account the potential for reconstruction in the area and the prospects of the property market in Hong Kong will be paid by internal resources, and plans to rebuild the site at an appropriate time. According to statistics, the project occupies an area of approximately 47,900 square feet. If it is rebuilt, the maximum building floor area can be estimated at approximately 28,800 cubic feet.
Vietnamese Businessmen Pass 678 Million to Buy Finney Street Site
The land in the urban area is also well-received by investors. According to sources, the commercial and construction sites at No. 3 to 9 Finney Street in Quarry Bay cover an area of about 4,200 square feet. In recent months, many groups of buyers have been bidding and buying. The home bid of 620 million yuan has reached the intentional price of the owners. However, the final price rises further. In recent days, it has changed hands with 678 million yuan, and it has been reported that the new buyer is Vietnamese businessman Zhu Liji. The original owner purchased 360 million yuan, and the two-year holding book gained 318 million yuan, an appreciation of 88.3%.
The site is for commercial and residential purposes. In recent years, the Buildings Department has approved a plan to build a 32-storey hotel with a total gross floor area of approximately 63,000 square feet and a total of 99 rooms.